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What do y'all think of my expected ROI? Are my estimates for costs appropriate? I do not have a management company, but include that just in case I chose to go that route. I include 1 months vacancy/year to allow for the unexpected. I am trying to keep my figures conservative.

Investor from Winter Garden, Florida

Congratulations on your first rental! That is a big first step. It is good to see you are here on BP so early in your REI career, I sure wish I had discovered this community earlier myself.

Run the BP Rental Property Calculator available under the "Analyze" tab above, your will find the reports are very useful. Save it and place it in your property folder. I like to go back after a year and look at my analysis of a property. This will help you seeing where you are right on the money and where you need to make adjustments in your future deals. The more deals you analyse the better you will become at spotting a winner right out of the gate!

At first glance it looks like you have solid numbers for a hold rental as long as you have no surprise Capex's. Good luck to you!

Investor from Katy, Texas

Run the BP Rental Property Calculator available under the "Analyze" tab above, your will find the reports are very useful. Save it and place it in your property folder. I like to go back after a year and look at my analysis of a property.

Great idea, Curtis! I have never seen this analysis calculator before, so I am glad you pointed it out! Of course it gave me a better ROI than I estimated (18%), but I am glad that I am in the same ballpark! I am excited to look at this report in a year! Thanks so much!

Investor from Baltimore, Maryland

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